Back in December I bought my first shares of a gold
mining company, ABX
. For much of 2017, it was on a deep downward trend but being one of the largest mining companies in the world and the shares were cheap, I thought what the hell, let's see if she has any life left in her for the long term. Since the beginning of the year it appears to me that ABX
has now shifted into a slight upward trend forming a channel with slightly higher highs and slightly higher lows. Will be watching the economy and news for awhile to see how this one plays out. I haven't seen much on TradingView about ABX
so I thought I would share. As always, being new I look forward to soaking up any advice and comments I can get. Happy trading!